China Suspends Sri Lankan Projects close to India Over ‘Security Concern’ Updated On Fri, Dec 3rd, 2021 by Saurenergy China has suspended a project to install hybrid energy plants in three islands of Sri Lanka, citing “security concern” from a “third party”, amid reports of India raising concern over its location. In January, the Chinese firm, Sino Soar Hybrid Technology, was awarded the contract to install a hybrid renewable energy system in Delft, Nagadeepa […] Read more
Integrating Storage Key to Solar’s Long-term Success, says Sterling and Wilson Renewable Energy Ltd CEO Updated On Fri, Dec 3rd, 2021 by Saurenergy In this conversation with Prasanna Singh, Group Editor at Saur Energy, Mr. Chandra Kishore Thakur, CEO, Sterling and Wilson Renewable Energy Limited, reflects on the firm’s current and future plans. Throwing light on solar’s growth potential in India, Mr. Thakur cites inflation, supply chain constraints and GST taxation structure, among others, as key challenges. Q. What […] Read more
With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum Updated On Tue, Nov 30th, 2021 by Saurenergy Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […] Read more
European Solar & Storage Set to Grow over 400% by 2025: Study Updated On Mon, Nov 29th, 2021 by Saurenergy The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […] Read more
Australia’s Grid Vulnerabilities Threaten Wind Energy Expansion Too Updated On Fri, Nov 26th, 2021 by Saurenergy Australia, where solar rooftop became the number 1 source of energy on some day earlier this year, has been grappling with issues with the national grid for some time. At stake is not just the grid stability itself, but also the expansion of renewables further into the system. While large battery announcements have given the […] Read more
Scientists At IIT-BHU Claim Building A Device for On-Site Hydrogen Production Updated On Fri, Nov 26th, 2021 by Saurenergy Scientists of IIT (BHU) Varanasi have developed what they claim is a first of its kind device in India for the on-site production of ultra-pure Hydrogen. At a time when India has committed to zero net emissions by 2070 at the COP 26 Climate Summit this is a major development in the Nations Sustainable Development […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
TotalEnergies to Develop 500MW Solar PV Projects in Libya Updated On Wed, Nov 24th, 2021 by Saurenergy French oil and gas major TotalEnergies has signed new agreements with Libya for the sustainable growth of the country’s natural resources, which include developing 500 MW solar PV projects in addition to investing $2 billion in crude oil production and gas extraction. The agreements were signed at the recently held Libya Energy & Economy Summit, […] Read more
IEX Announces Resumption of REC Trading From Nov 24 Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […] Read more
